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Incredible Re-Development Opportunity
New Minimum Bid: $425,000 (Reduced from $499,000)
Buyer’s Premium: 6% ($40,000 minimum applies)
Cooperating Broker’s Commission: 2% of Bid Price/Offer Price (before Buyer’s Premium is added)
Lot Size: Approx. .54 ACRES 2, 931 SF
Building Size: Approx. 2, 931 SF
2019 Taxes: $12,156.92
PIN #: 03-33-208-003
Traffic Count: 17,900 VPD
Motivated seller! This car wash is currently in operation. It sits on a busy Addison Road location with approximately 17,900 cars per day. A flat level .5 acres also was recently surveyed and inspected and has a clean Phase 1 Environmental study (2016).
There are numerous potential re-development opportunities for this property such as retail stores, free-standing restaurant, fast food, coffee shops or automotive repair etc.
This property is ideal for an improved and updated car wash or a re-development opportunity for other commercial businesses.
Great location on Addison Road in between North Avenue (Route 64) and Lake Street (Route 20) with 17,900 vehicles per day.
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Total Bids Placed:
Auction has expiredAuction Expired because there were no bids
Location: 731 S. Addison Road, Addison, IL, 60101, United States
How to Submit Pre-Auction Bid
Click on the Pre-Auction Offer Form button on the property page and submit your bid with proof of funds.
How to Register & Bid Online
Register: If you do not have an account on this website, click the “Sign-Up” button above and complete the brief registration form. We will then send you an email with a verification link that you must click in order to create a new account.
Important: You must be pre-approved to bid online. Follow these instructions to get approved to bid online:
BID APPROVAL PROCESS:
Review all information and due dilligence documents posted on the property listing on our website.
Read the Terms and Conditions and Purchase and Sale Agreement posted on the property listing on our website.
Wire or overnight the certified funds required to bid on the property (for amount required see Terms and Conditions).
Click the “Register to Bid” button.
You will receive an email notifying you that you have been approved to bid on the property.
If you have any questions, contact us. We would be happy to assist you.
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There is a 6% Buyer's Premium ($40,000.00 minimum applies) in effect for this auction.
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